Applicable Benefits Law definition

Applicable Benefits Law refers to the legal requirements imposed upon employee benefit plans by the United States or any political subdivision thereof (including COBRA and any requirements enforced by the IRS with respect to employee benefit plans intended to confer tax benefits on the Company, any of its Subsidiaries, any of their respective employees, or any trust maintained in connection with such Employee Benefit Plan).
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Examples of Applicable Benefits Law in a sentence

  • No Employee Benefit Plan provides for medical or health benefits (through insurance or otherwise) to individuals other than current employees of either of the Original Company or the Company (or spouses and dependents of such employees), except to the extent necessary to comply with "Applicable Benefits Law" (including, Section 4980B of the Code).

  • None of the Employee Plans enjoys any special Tax status under Applicable Benefits Law, nor have any advance Tax rulings been sought or received in respect of the Employee Plans.

  • At its meeting on 5 August 2019, the Council endorsed its participation in the Local Government Association Circular Procurement Pilot Project and authorised the Chief Executive Officer to sign a Memorandum of Understanding (MOU).

Related to Applicable Benefits Law

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • Applicable Data Protection Law means all data privacy or data protection laws or regulations globally that apply to the Processing of Personal Information under this Data Processing Agreement, which may include Applicable European Data Protection Law.

  • the applicable data protection law means the legislation protecting the fundamental rights and freedoms of individuals and, in particular, their right to privacy with respect to the processing of personal data applicable to a data controller in the Member State in which the data exporter is established;

  • the 2010 Act means the Marine (Scotland) Act 2010;

  • Flood Insurance Rate Map (FIRM means the official map on which the Federal Insurance Administration has delineated both the areas of special flood hazards and the risk premium zones applicable to the community.

  • New jobs credit from withholding means the credit as provided in Iowa Code section 260E.5.

  • Education Act means the Education Act, R.S.O. 1990, c. E.2, as amended.

  • Change in Control Protection Period means the period commencing on the date a Change in Control occurs and ending on the first anniversary of such date.

  • Compensation means all base straight time gross earnings and commissions, exclusive of payments for overtime, shift premium, incentive compensation, incentive payments, bonuses and other compensation.

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m)(i).

  • AML/CFT means anti-money laundering and countering the financing of terrorism;

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • Auditing Profession Act ’ means the Auditing Profession Act, 2005 (Act No. 26 of 2005);

  • Issuing agency code means a code that designates the registration (or controlling) authority for the enterprise identifier.

  • the 2011 Act means the Localism Act 2011;

  • the Administration Act means the Social Security Administration Act 1992;

  • Change in Control Agreement means a written Change in Control Agreement between an employee and the Company or an Affiliate.

  • Credit accident and health insurance means insurance on a debtor to provide

  • Credit unemployment insurance means insurance:

  • the BCTF Plan means the Group RRSP entered into by the Federation and Royal Trust or a successor to that plan;

  • Self-Administration of Medication means the individual manages and takes his or her own medication, identifies his or her medication and the times and methods of administration, places the medication internally in or externally on his or her own body without staff assistance upon written order of a physician, and safely maintains the medication without supervision.

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.

  • Administrative Code means the San Francisco Administrative Code.

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • the 1992 Act means the Local Government Finance Act 1992;

  • Flood Insurance Laws means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto.